Property Type: Detached HouseOwnership: Freehold

2967 Sherman Rd

Duncan, BC V9L2B7

$589,900

2 bed1 bath3 parking985 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
House
Lot size
7,405 square feet
Zoning
Unknown

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,678.64

Interior

Heating
Heat Pump, Electric, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
WorkshopMain level8'0 x 12'0
Living roomMain level11'10 x 15'7
KitchenMain level11'4 x 9'1
EntranceMain level3'6 x 6'9
BathroomMain level4-Piece
Dining roomMain level7'3 x 14'3
BedroomMain level9'7 x 11'5
Primary BedroomMain level11'11 x 12'3

Listing Information

MLS®
1037405
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

Super cute, well maintained one-level home offers comfort, efficiency, & an easy lifestyle in a central location where you can walk to town and everyday amenities. Inside, you’ll find two bedrooms & a cozy living room anchored by an efficient woodstove that keeps the home warm through the winter, complemented by a new heat pump for year-round comfort. The bright kitchen & dining area feature newer appliances, a pantry, & a great space for casual meals or entertaining. Step outside to your own private backyard retreat. The large, fully fenced yard is ideal for BBQs, games, & relaxing afternoons, with covered seating areas, mature landscaping, grapevines, & established plants. There’s also a wired workshop, garden shed, & covered carport. With plenty of storage, durable laminate & tile flooring, & a low-maintenance setup, this home is perfectly suited for first-time buyers, downsizers, or anyone looking for simple, comfortable living in a great location. (id:63159)

Values & Trends

This listing

$599/sqft

Building average

No other active listings in this building

West Duncan average

$494/sqft

48 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

13°C

Humidity 92%

Wind SSW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Drinkwater ElementaryElementary703 m
Cowichan Valley Open Learning Co-OpSecondary728 m
Cowichan Open SchoolSecondary728 m
Queen Margaret's(Independent)K-12756 m
Ecole Mount Prevost ElementaryElementary1.2 km
Khowhemun ElementaryElementary1.4 km
Alex AitkenElementary1.9 km
Quamichan SchoolSecondary1.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Cafes (1)

  • Fishbowl Cafe · 580 Cairnsmore Street787 m

Grocery (1)

  • 49th Parallel Grocery · 550 Cairnsmore Street793 m

Parks (5+)

  • Alan Wilson Park · 3011 George Street205 m
  • Ryall Park470 m
  • Quailview Connector Park584 m
  • Fairview Park · 6250 Fairview Way627 m
  • Unnamed · 1040 College Street646 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($33,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$471,920.00
Periodic payment — Principal & Interest (monthly)$3,044.67
Additional monthly expenses (strata, tax, utilities, etc.)$355.55
Total monthly cost$3,400.22
Interest paid over 5-yr term$135,253.63
Balance at end of term$424,493.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,274.75

Cash Needed at Closing

Minimum down payment$33,990
Estimated BC PTT$9,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,288

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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